Saving Money Archives - Page 7 of 24 - The Outlier Model

Panic Buying face masks Wastes Money (I keep Telling Myself)

Allen Francis / March 11th, 2020 / No Comments

Panic only makes tunnel vision narrower and emboldens irrational thinking. I am not preaching. Right now, I am seriously considering spending hundreds of dollars a month on medical and respirator face masks. Facts and reality alleviate panic and eliminates panic-buying regret (I don’t know why I need a face mask. As of this writing, over 110,000 people on Earth have COVID-19. In December 2019, only...

Posted in: Health, Money, Personal Finance, Philosophy, Saving Money, saving money Tagged with: coronavirus

I have yet to buy my Dream House – I’m OK with that

Allen Francis / January 29th, 2020 / No Comments

The average price of a new home as of September 2019 was about $363,000. About 65% of Americans own a home. However, the great majority of homeowners are people aged between 50 and 65, and over. Older Americans are more likely to have good credit, fix-incomes and pensions, savings, and good credit. Everything needed to maintain a home. After all, the dream of home ownership, often called the last...

Posted in: Home, Money, Personal Finance, saving money, Saving Money Tagged with: dream house

Five Scams Most Likely to Target Elderly Retirees

Allen Francis / January 22nd, 2020 / No Comments

Elderly retired life is supposed to be the, “Golden Years.” However, for many elderly people, old age means they become the target of attention from sophisticated, gold-digging scam artists. Financial elder abuse occurs when senior citizens are tricked and/or bullied into giving up money via sophisticated schemes. It is the fastest growing form of elder abuse scams relative to other kinds. Over...

Posted in: Life Hacks, saving money, Saving Money Tagged with: elder abuse scams

I Stopped Wasting food. Not just for Moral or eco Reasons – I need Money for my Business

Allen Francis / January 15th, 2020 / No Comments

Did you know that Americans throw out a pound of food daily? By some estimates, Americans waste almost $2,000 annually on food they willingly throw out. That is the equivalent of throwing away $5.50 daily. Wasting food seems to be a sign of status, and its hard to deny at this point. Some people claim their leftovers have gotten bad after a day or two in the fridge. Others are making room for new...

Posted in: Business, Career and Work, Money, Personal Finance, saving money, Saving Money